From insurance data to production rates
MGAs and regional carriers face the same pricing challenges as the big players — without the big-team resources to match. Facio gives lean actuarial teams one connected loop from raw portfolio data to a live, versioned ratebook. Transparent models your committee can sign. Strategies you can test before they ship.
Modern pricing without the enterprise overhaul
No rip-and-replace, no data-science hiring spree, no enterprise-scale budget. Facio modernizes pricing operations around three principles:
Transparency
Machine learning explores your data; Facio proposes a transparent model that captures what it found; your actuary reviews, adjusts and approves. Every relativity visible, reviewable and defensible — nothing hides in a black box.
Scalability
One system replaces the patchwork of actuarial software, spreadsheets, notebooks and committee slides. Data, models, monitoring, strategy and the ratebook itself live in one place — each step feeds the next, so a small team runs a big-team loop.
Affordability
Works with what you have. Bring your own data in, take your ratebook out — to Excel, to your rating engine, or live via API. Start with a free pricing health score and add modules only when they earn their place.
One loop, not five systems
Today, pricing lives in pieces: actuarial software here, spreadsheets there, models in notebooks, decisions in committee slides — and the final rates re-typed into the policy system. Every handoff loses time, context and margin.
- No re-implementation. The model your actuary approves is the model that rates policies in production. Nothing gets translated, re-coded or lost on the way.
- Works with what you have. You don't need to run Facio's policy system. Bring your own data in, take your ratebook out.
- The loop closes itself. Production performance flows straight back into monitoring, so you see rate drift while it is still cheap to fix.
Ask your portfolio a question
The whole loop is conversational. Brainstorm with an actuary-trained copilot that has access to every tool on this page — your team asks in plain language; Facio does the analysis, builds the candidate models, drafts the committee paper, and publishes the approved result. One workspace for rate planning, report building and everything in between.
- Actuary-trained, not a generic chatbot — it speaks relativities, credibility and combined ratios.
- Full tool access — it runs the same Model, Monitor, Optimize and Ratebook machinery your team uses directly.
- You stay in charge. The copilot drafts and proposes; your actuary reviews, adjusts and approves.
Every step of the loop, one machine each
Start with one module and add the next when it earns its place. Everything already fits.
Models that speak insurance
Upload policies, claims and exposure. Choose what to predict — claim frequency, severity, retention, conversion. Facio builds and compares candidate models automatically, and handles the actuarial detail so the output reads like pricing work, not data science.
- Built on actuarial structure — exposure, credibility, large-loss treatment, trend and inflation are first-class citizens.
- Answers in your language: relativities, base rates and factor tables — never an opaque score to defend to a regulator.
- Classical statistical models and modern machine learning, trained side by side on the same data, judged on the same terms.
of the machine-learning model's predictive power retained in the transparent version
of factors explainable — every relativity visible, reviewable and defensible
See where your margin is hiding
Start with the free pricing health score: upload your book, and Facio shows you how adequate your rates really are — segment by segment. From there, the loop is yours to close.
Upload ratebook, policies and claims. Get your pricing health score and the segments driving it.
Build transparent models from your own data. Test strategies against your real portfolio.
Publish a versioned ratebook — to your systems today, to Facio OS whenever you're ready.
Big-team pricing. Lean-team reality.
Get your free pricing health score, or walk the whole loop with us on your own portfolio data.